• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Wednesday, July 29, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home Business & Economy

International Crime Syndicates Behind Africa’s Crude Oil Theft Crisis, Nigerian Oil Chief Says

August 26, 2025
in Business & Economy
Reading Time: 4 mins read
0
Syndicates
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

Africa’s massive crude oil theft problem is the work of sophisticated international criminal syndicates that exploit weaknesses in continental security infrastructure, the head of Nigeria’s national oil company warned on Monday at a high-level defense summit.

Bashir Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), delivered the stark assessment to defense chiefs from across the continent gathered in Abuja, painting a picture of organized crime that transcends national boundaries and threatens regional energy security.

“Crude theft and its attendant illegal activities are by no means a purely localized occurrence,” Ojulari told the Africa Chief of Defence Staff Conference. “Rather, these operations involve specialized international syndicates that take advantage of gaps within the state, national, and continental security architecture to conduct illegal activities.”

The revelation underscores the scale and sophistication of criminal networks that have plagued Africa’s oil-producing regions, particularly Nigeria’s Niger Delta, where pipeline vandalism and crude theft have persisted for decades despite extensive security operations.

As head of Africa’s largest national oil company, Ojulari emphasized that the theft operations require “cross-border collaboration to tackle effectively,” highlighting the inadequacy of purely national responses to what has become a continental crisis.

The NNPCL chief stressed the strategic importance of energy security, noting that “security forms a key pillar of the energy business and therefore plays a very important and strategic role in achieving national, regional, and continental energy security goals.”

His comments come amid intensified efforts by Nigerian authorities to combat oil theft, which has cost the country billions of dollars in lost revenue over the years. Recent operations by the Nigerian Army‘s 6 Division alone have resulted in the confiscation of over 32,000 liters of stolen petroleum products and the arrest of 69 suspects.

The Nigerian government has deployed an arsenal of modern technologies and collaborative approaches to address the crisis. Advanced surveillance systems, including drones and satellite imagery, now monitor oil pipelines and facilities across the country’s oil-producing regions.

Military and law enforcement agencies have launched comprehensive campaigns targeting illegal oil operations, systematically dismantling bunkering sites and apprehending suspects involved in the sophisticated theft networks.

Recognizing the international dimension of the problem, authorities have forged partnerships with international bodies to track and prevent the illegal sale of stolen crude on global markets. The NNPCL has specifically announced collaboration with the Economic and Financial Crimes Commission (EFCC) and other security agencies, implementing measures such as the Advanced Cargo Declaration system to enhance oversight.

Understanding that sustainable solutions require local buy-in, the government has initiated community engagement programs in oil-producing areas. These initiatives provide incentives for local participation in protecting oil infrastructure while raising awareness about the economic and environmental damage caused by oil theft.

The approach recognizes that many individuals involved in illegal oil activities lack economic alternatives, making community-based solutions essential for long-term success.

Despite these comprehensive efforts, significant obstacles remain. Corruption within both the oil industry and law enforcement agencies continues to undermine anti-theft initiatives. The challenging terrain and infrastructure limitations in many oil-producing areas make effective surveillance and enforcement difficult.

Perhaps most critically, the international nature of these criminal syndicates requires sustained cooperation between African nations and international partners—a coordination challenge that has proven difficult to maintain consistently.

Ojulari’s frank assessment at the defense conference signals a recognition that combating oil theft requires acknowledgment of its true scope and sophistication. His emphasis on the “benefit of collaboration within the energy space” and the “significant improvement in our operating environment” suggests that coordinated efforts are beginning to show results.

As Africa seeks to maximize revenue from its natural resources to fund development and economic growth, the battle against these international criminal syndicates represents more than just law enforcement—it’s a fight for the continent’s economic future and energy security.

The success of current anti-theft initiatives may well depend on whether African nations can maintain the kind of sustained, coordinated response that these sophisticated criminal networks have long exploited the absence of.

WHAT YOU SHOULD KNOW

Africa’s crude oil theft crisis is not the work of local criminals but sophisticated international crime syndicates that exploit security gaps across borders. Nigeria’s oil chief warns that billions in stolen crude require a coordinated continental response, not just national efforts.

While new technologies and international partnerships show promise, the fight against these organized networks remains hampered by corruption and the need for sustained cross-border cooperation to protect Africa’s energy security and economic future.

Tags: AfricaBashir OjulariCrude Oil TheftNNPCL
Share200Tweet125Share35
Previous Post

PSG Secures Nigerian Forward Rasheedat Ajibade on Three-Year Deal

Next Post

BBNaija Season 10: Week 5 Nominations Declared Null and Void

Related Posts

TEXTILE

FG in Talks to Restore Textile Factories, Ajaokuta Steel Plant

by Victoria Ogbadu
July 28, 2026
0

The federal government has intensified efforts to resuscitate Nigeria's dormant textile factories and the long-abandoned Ajaokuta Steel Company in what...

FCMB

FCMB Group Posts Record H1 2026 Pre-Tax Profit

by Victoria Ogbadu
July 28, 2026
0

FCMB Group has closed out the first half of 2026 with its strongest earnings performance in the company's history, reporting...

Gold

Global Gold Prices—28th July 2026

by Victoria Ogbadu
July 28, 2026
0

Gold prices retreated on Tuesday as a resurgent U.S. dollar weighed on the metal, with investors reluctant to place large...

Naira

Naira vs Dollar Exchange Rate—28th July 2026

by Victoria Ogbadu
July 28, 2026
0

The naira opened trading in relatively calm fashion on Tuesday, with the local currency showing only marginal movement against the...

Oil

Global Oil Prices—28th July 2026

by Victoria Ogbadu
July 28, 2026
0

Oil prices fell further on Tuesday, hitting their lowest levels in over a week, as investors grew cautiously hopeful that...

Load More
Next Post
nominations

BBNaija Season 10: Week 5 Nominations Declared Null and Void

Jobs

Wall Street Shaken by Trump's Unprecedented Fed Governor Dismissal

FG and ASUU

ASUU Protests in Jos Over Government’s Neglect, Loan Scheme Rejection

Train travelling from Abuja to Kaduna

Abuja-Kaduna Train Derails, Passengers Evacuated Safely

Nigeria

Nigeria Wins Back Brazilian Oil Giant in Major Economic Breakthrough

Former speaker Aondona Dajoh

Benue Assembly Suspends Former Speaker Dajoh, Reverses Earlier Decisions

Naira

Naira Steady as Official-Unofficial Market Difference Drops to ₦3.01

netflix

Netflix Cancels Crime Drama "The Waterfront" Despite Strong Viewership Performance

Photo of a Nigerian Air Force Alpha jet

Nigerian Air Force Opens Recruitment for Graduates, Professionals

Israeli protesters

Protesters Flood Israeli Streets Ahead of Security Cabinet Meeting on Gaza War

Cartoon of The Week!

Cartoon of the week
  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
2027: APC Governors Endorse Next Senate President After Akpabio

APC Governorship Candidate Joins ADC

March 16, 2026
NNPC Increases Petrol Price

NNPC Reduces Fuel Price

March 17, 2026
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
NLC

NLC Suspends Nationwide Protest Over Telecom Tariff Hike

0
VeryDarkMan

VeryDarkMan Vows to Uncover Truth in Mercy Chinwo and Ex-Manager’s Controversy

0
Coalition Declares Nationwide Protest

Protest Rocks Adamawa

July 28, 2026
Court Bars State Governor From Re-contesting Governorship Election

Federal High Court Judge Dies

July 28, 2026
Zlatan

Zlatan Ibile and Girlfriend Announce Wedding Plans

July 28, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp